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Department of Energy: Enhanced Transparency Could Clarify Costs, Market Impact, Risk, and Legal Authority to Conduct Future Uranium Transactions
Department of Energy: Enhanced Transparency Could Clarify Costs, Market Impact, Risk, and Legal Authority to Conduct Future Uranium Transactions
 
Our Price: $30.00
By David C. Trimble (au); Susan D. Sawtelle (au)
Year: 2014
Pages: 112
Binding Paperback
ISBN 978-1-4578-5573-3

Product Code: 1457855739

Description
 
USEC, Inc. (USEC) is the only company that uses U.S.-developed technology to enrich uranium. According to the Department of Energy (DOE), under international agreements the U.S. must use uranium enriched with domestic technology to meet national security needs, such as for nuclear weapons. In 2012 and 2013, DOE transferred uranium to USEC to support the development of next generation enrichment technology and for other national security purposes. In May 2013, USEC ceased enrichment operations and, in March 2014, filed for Chapter 11 bankruptcy protection. In April 2014, DOE announced it would assume managerial responsibility for continued development of the next generation technology. This report examines (1) the uranium transactions DOE undertook in 2012 and 2013 involving USEC; (2) legal concerns regarding the transactions; (3) other issues the transactions raise; and (4) the extent to which DOE assessed impacts of the transactions on the domestic uranium market. Tables and figures. This is a print on demand report.

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